If you've recently received a letter from the Social Security Administration (SSA), you're not alone, and the news inside may ...

The SSA's announcement will negatively impact the two million people who benefitted from the Social Security Fair Act passed ...

don't assume it's a gift from the Social Security Administration. More than likely, you received an overpayment because of changes in your account that either weren't reported on time or to ...

On March 7, the federal agency announced it would reinstate the 100 percent withholding rate when attempting to get back incorrectly paid benefits.

The SSA is required by federal law to recover overpayments, but the rate at which the money is repaid is not set by law. When an overpayment is discovered, the beneficiary receives a letter ...

Biden lowered the withholding to 10% in response to media reports and congressional criticism about Social Security beneficiaries having to repay tens of thousands of dollars in overpayments from ...

Individuals can also view a benefit verification letter and a Social Security statement or calculate estimated benefits based on retirement age after logging in. This is how an overpayment ...

President Trump reinstated the 100% Social Security overpayment recovery rate in March. In April, he dropped this rate to 50%. You have options if you cannot afford to lose half your checks due to ...

In 2024, the Biden administration reduced the Social Security overpayment recovery rate to the greater of $10 or 10% of your checks. For example, if you received $1,000 in extra Social Security ...